You Bought a Call Option with a Strike Price of $30

question 92

Multiple Choice

You bought a call option with a strike price of $30. What is your total payoff on this option contract if the underlying stock is selling for $31.50 on the option expiration date?

• A)$1.50
• B)$15.00
• C)$150.00
• D)$270.00
• E)$1,500.00

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Definitions:

Measurable Performance

Refers to the ability to quantify or assess the effectiveness or output of an employee, project, or organization.

Skill-based Pay Plan

A compensation strategy where employees are paid based on the skills and knowledge they possess, rather than their job position or title.

Productivity

The efficacy and efficiency with which input resources (such as time, labor, and materials) are converted into outputs, such as goods or services.

Service Quality

The assessment of how well a delivered service matches customer expectations, often a critical component of customer satisfaction in business.